Nihon Enterprise Co (TSE:4829) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4829 Nihon Enterprise Co Ltd TSE:4829
64 GF Score
Price 円107.00
GF Value 円120.74
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Nihon Enterprise Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nihon Enterprise Co  (TSE:4829) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Nihon Enterprise Co Cyclically Adjusted PB Ratio Related Terms


Nihon Enterprise Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nihon Enterprise Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nihon Enterprise Co Cyclically Adjusted PB Ratio Chart

Nihon Enterprise Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.03 1.00 0.86 0.00

Nihon Enterprise Co Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 0.79 0.86 0.80 0.00

TSE:4829 vs QH, SHOP, UBER: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Nihon Enterprise Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nihon Enterprise Co Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Nihon Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nihon Enterprise Co's Cyclically Adjusted PB Ratio falls into.


TSE:4829
64GF Score
Nihon Enterprise Co Ltd TSE:4829
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nihon Enterprise Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Nihon Enterprise Co's Cyclically Adjusted Book per Share for the fiscal year that ended in May26 is calculated as:

For example, Nihon Enterprise Co's adjusted Book Value per Share data for the fiscal year that ended in May26 was:

Adj_Book=Book Value per Share/CPI of May26 (Change)*Current CPI (May26)
=122.633/113.5000*113.5000
=122.633

Current CPI (May26) = 113.5000.

Nihon Enterprise Co Annual Data

Book Value per Share CPI Adj_Book
201705 122.231 98.600 140.702
201805 122.984 99.300 140.571
201905 122.593 100.000 139.143
202005 125.018 100.100 141.754
202105 126.138 99.400 144.031
202205 123.540 101.800 137.739
202305 124.219 105.100 134.147
202405 127.679 108.100 134.057
202505 122.956 111.800 124.826
202605 122.633 113.500 122.633

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is Nihon Enterprise Co (TSE:4829) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Enterprise Co stock appears to be undervalued. The current stock price of 円107.00 is trading 11.4% below its estimated GF Value™ of 円120.74. GuruFocus considers Nihon Enterprise Co to be Modestly Undervalued.

Key valuation signals for TSE:4829:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円120.74 vs. price of 円107.00 (11.4% below fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the TSE:4829 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Enterprise Co Business Description

Address Matsuoka Shibuya Building 1-17-8 Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002
Nihon Enterprise Co Ltd is engaged in the planning, development, and management of smartphone apps for consumers, development and sale of business support applications, cloud services, contract development of applications, and advertisement proxy services.
64GF Score

Get the complete analysis for TSE:4829

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円107.00
Price
円120.74
GF Value